Root Intangibles To Total Assets from 2010 to 2024

ROOT Stock  USD 99.81  0.75  0.76%   
Root Intangibles To Total Assets yearly trend continues to be comparatively stable with very little volatility. Intangibles To Total Assets will likely drop to 0.01 in 2024. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.02181494
Current Value
0.0113
Quarterly Volatility
0.00513181
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Root financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Root's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 34.4 M or Depreciation And Amortization of 7.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.57. Root financial statements analysis is a perfect complement when working with Root Valuation or Volatility modules.
  
Check out the analysis of Root Correlation against competitors.

Latest Root's Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Root Inc over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Root's Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Root's overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Slightly volatile
   Intangibles To Total Assets   
       Timeline  

Root Intangibles To Total Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation50.78
Mean Deviation0
Median0.01
Standard Deviation0.01
Sample Variance0.000026
Range0.0149
R-Value0.74
Mean Square Error0.000013
R-Squared0.55
Significance0
Slope0.0008
Total Sum of Squares0.0004

Root Intangibles To Total Assets History

2024 0.0113
2023 0.0218
2022 0.0202
2021 0.0162
2020 0.0105
2019 0.009058

About Root Financial Statements

Root shareholders use historical fundamental indicators, such as Intangibles To Total Assets, to determine how well the company is positioned to perform in the future. Although Root investors may analyze each financial statement separately, they are all interrelated. The changes in Root's assets and liabilities, for example, are also reflected in the revenues and expenses on on Root's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Intangibles To Total Assets 0.02  0.01 

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Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.